About this Property
Great project opportunity. Land for sale along with plans and approval for a 5 Story modern high rise building. Located on the North East corner of Port of Spain on Jerningham Ave. Approved pans includes 2 penthouse units, is approved for 20 units plus 5,400sf of ground floor commercial space. There is final approval for development and parking for 31 vehicles. Lower levels ideal for and boutique shops and offices. Walking distance from the Queens Park Savanna and 5 minutes from Lady Young Rd.
About the Region
Belmont, in north-east Port of Spain, in the Republic of Trinidad and Tobago, is located at the foot of the Laventille Hills; it was the city's first suburb. In the 1840s–'50s, parts of the area were settled by Africans rescued by the Royal Navy from illegal slaving ships. In the 1880s–'90s, the population swelled rapidly, and the characteristic Belmont street pattern of narrow, winding lanes developed. The black professional class built large homes in Belmont, as they were excluded from the more expensive neighbourhoods such as St. Clair and Maraval; Belmont became known as "the Black St. Clair". Many of these large homes have been renovated and converted to business use, but some remain in family hands. Belmont currently is a lower-middle to middle-class residential neighbourhood. It was the birthplace and early home of many important Carnival designers and bandleaders. Belmont has 9,035 inhabitants.